The Conservative Party

[mat]

So they're not scrapping the 45p tax and keeping it but also keeping lower rate at 20p and not 19p.

Scaling back energy support, so uncertainty really. We have this winter then no one knows what the future looks like for the working man.

Slavery.

Workers right to strike and protest being removed this week.

 

[Gabriel]

And scale it back in line with labour's plan is exactly what they've done

Bizarre. How can Labour come up with a manifesto when the Conservatives immediately steal everything? :-)

 

[BobKowalski]

So far Hunt has cancelled the tax reductions before they come into effect. Next step will be tax rises.

As for spending cuts, any betting on them getting through Parliament without 40 odd Tory MPs rebelling in protest? People voted in 2019 on the promise of levelling up and no cuts.

 

[Vic]

Is it not the case that it is being scaled back in its duration as opposed to its entirety? Rather comical if they scale it back to six months, as per Labour's policy.

Not funny if British Gas don't put me back on the fixed tariff that they just said I should switch to variable because of the cap.

 

[Blue Maverick]

So far Hunt has cancelled the tax reductions before they come into effect. Next step will be tax rises.

As for spending cuts, any betting on them getting through Parliament without 40 odd Tory MPs rebelling in protest? People voted in 2019 on the promise of levelling up and no cuts.

Wtf can they cut now, austerity saw massive cuts lots of stuff has shut down etc, public sector are on the march for higher wages it’s all going to come to head soon.

 

[mancityvstoke]

so they are scrapping the energy price caps next year?

I'm confused...God help us all

 

[Gabriel]

Genuinely intrigued to see if Kwarteng is in the House later today or being ''a supporter" on Wednesday. Wherever he is, I'm sure he'll be smiling.

 

[Vic]

Genuinely intrigued to see if Kwarteng is in the House later today or being ''a supporter" on Wednesday. Wherever he is, I'm sure he'll be smiling.

Bag carrier for Johnson on his lecture tour.

 

[Blue Maverick]

so they are scrapping the energy price caps next year?

I'm confused...God help us all

They are going to review it that’s my understanding but if they do scrap it that means prices will double as they were predicted to be £5k in April,

 

[Gareth Barry Conlon]

so they are scrapping the energy price caps next year?

I'm confused...God help us all

One of the many gaffs of Truss/Kwazi plan was to agree energy help for 2 years.

It didnt need to be 2 years as we dont know where costs will be next winter. But having said it they then have to budget for it. So cutting it back to 1 year helps with the big hole in public finance.

Its a classic example of Truss being massively out of her depth and deluded in terms of what the job really involves. She claimed that 'treasury orthodoxy' was some sort of lack of ambition - she tried taking on the markets and had her arse handed to her on a plate. The numbers have to add up. That is why politics is so hard.

We get 1 year of energy help - 1 year costed in. Next year we see where we are.